Honeywell International Inc. (NASDAQ:HON) Shares Bought by Sage Capital Advisors llc

Sage Capital Advisors llc grew its stake in Honeywell International Inc. (NASDAQ:HON) by 0.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 18,485 shares of the conglomerate’s stock after purchasing an additional 105 shares during the period. Sage Capital Advisors llc’s holdings in Honeywell International were worth $3,821,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. LGT Group Foundation acquired a new position in Honeywell International during the 1st quarter worth approximately $26,000. Scarborough Advisors LLC purchased a new position in Honeywell International in the fourth quarter worth $27,000. Richardson Capital Management LLC acquired a new stake in Honeywell International in the first quarter valued at $35,000. Financial Connections Group Inc. purchased a new stake in shares of Honeywell International during the 2nd quarter worth $38,000. Finally, Pathway Financial Advisers LLC acquired a new position in shares of Honeywell International during the 1st quarter worth $39,000. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Up 1.8 %

Shares of NASDAQ HON opened at $207.00 on Wednesday. The firm has a market cap of $134.80 billion, a P/E ratio of 23.99, a price-to-earnings-growth ratio of 2.32 and a beta of 1.03. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.91 and a current ratio of 1.21. Honeywell International Inc. has a 1 year low of $174.88 and a 1 year high of $220.79. The firm’s 50 day moving average price is $202.82 and its 200 day moving average price is $203.92.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings results on Thursday, July 25th. The conglomerate reported $2.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.42 by $0.07. Honeywell International had a return on equity of 36.87% and a net margin of 15.49%. The firm had revenue of $9.58 billion for the quarter, compared to analyst estimates of $9.41 billion. During the same period last year, the company earned $2.23 EPS. The firm’s quarterly revenue was up 4.7% on a year-over-year basis. As a group, sell-side analysts anticipate that Honeywell International Inc. will post 10.11 earnings per share for the current year.

Honeywell International Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 15th will be paid a dividend of $1.13 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $4.52 dividend on an annualized basis and a yield of 2.18%. This is an increase from Honeywell International’s previous quarterly dividend of $1.08. Honeywell International’s dividend payout ratio (DPR) is currently 52.38%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on HON. Morgan Stanley initiated coverage on shares of Honeywell International in a report on Friday, September 6th. They set an “equal weight” rating and a $210.00 price objective on the stock. StockNews.com cut Honeywell International from a “buy” rating to a “hold” rating in a report on Friday, August 30th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $214.00 price target on shares of Honeywell International in a research note on Thursday, September 26th. Finally, Wells Fargo & Company lowered their price objective on shares of Honeywell International from $215.00 to $207.00 and set an “equal weight” rating on the stock in a research note on Monday. Six analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $222.13.

Honeywell International Company Profile

Honeywell International Inc engages in the aerospace technologies, building automation, energy and sustainable solutions, and industrial automation businesses in the United States, Europe, and internationally. The company’s Aerospace segment offers auxiliary power units, propulsion engines, integrated avionics, environmental control and electric power systems, engine controls, flight safety, communications, navigation hardware, data and software applications, radar and surveillance systems, aircraft lighting, advanced systems and instruments, satellite and space components, and aircraft wheels and brakes; spare parts; repair, overhaul, and maintenance services; and thermal systems, as well as wireless connectivity services.